Industrywide Issues

Cold Hard Fact: Solar & Wind Supply Piddly 2% of NY’s Electricity

Every single week, we read stories in mainstream media (and in the fringe environmental media) that declare so-called renewables, namely solar and wind, are taking the world by storm. They’re replacing fossil fuels. The fat lady is just about ready to sing and bring down the curtain on fossil energy because wind and solar are…

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IFO: PA NatGas Production Increased, Wells Spud Decreased in 2Q

Yesterday, the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for April through June 2023 (full copy below). There were 94 new horizontal wells spud (drilled) in 2Q23, a huge decrease of 39 wells (-29%) compared to 2Q22. Data for July and August 2023 show that new wells spud declined…

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Equitrans CEO Stepping Down with $7.5M Bonus for Finishing MVP

Equitrans Midstream Corporation, the builder and (soon to be) operator of the 303-mile Mountain Valley Pipeline (MVP) project, announced the company’s CEO, Thomas Karam, will retire at the end of the year just as MVP is coming online. Diana Charletta, currently president and chief operating officer of Equitrans, will succeed Karam as Equitrans’ newly appointed…

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WV Coal Power Plant Converting to Hydrogen Shops for More Land

The old Energy Harbor coal-fired power plant in Pleasants County, WV, which had been offline since June 1 and was scheduled to be demolished, recently roared back to life under new ownership (see WV Coal Power Plant Roars Back to Life, Will Convert to Hydrogen). Omnis Fuel Technologies invested $800 million to restart operations at…

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PA DEP Still Probing How/If to Regulate Gas Storage Wells Post-Rager

Last November, one of the ten natural gas storage wells at the Equitrans Rager Mountain Gas Storage Area in Jackson Township, Cambria County (in Pennsylvania) began to leak. The well leaked roughly 100 million cubic feet per day (MMcf/d) of gas into the atmosphere (see Equitrans Gas Storage Well in Cambria County, PA is Leaking)….

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Manchin Wants to Appoint His Staffer as Next FERC Commissioner

The swamp gets swampier. U.S. Senator Joe Manchin, from West Virginia, Chairman of the powerful Senate Energy and Natural Resources Committee, is rumored to be pushing a staff member to fill the open Federal Energy Regulatory Commission (FERC) Commissioner slot. There is an open seat for a Democrat after Manchin blocked Richard “Dick” Glick from…

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Leftwing Groups Tell Biden Zero-Carbon Hydrogen is Evil & Racist

Not only are fossil fuels (oil and natural gas) loathsome and evil and racist, not to mention toasting Mom Earth into a cinder, but if the Bidenistas move forward with pushing hydrogen energy as a replacement, hydrogen will be just as loathsome, just as evil, and just as racist–according to 180 so-called environment groups (Communist…

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MVP Work Restarts in Summers County, WV – Joe Manchin Field Trip

An Act of Congress (the Fiscal Responsibility Act) cleared away the remaining obstacles to completing the 303-mile Mountain Valley Pipeline (see Equitrans Announces Mountain Valley Pipe to Get Completed in 2023). After a final appeal by antis with their colluding buddies of the 4th Circuit threatened to block the Fiscal Responsibility Act’s MVP provisions, the…

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Belmont County, OH Lodging Tax from O&G Workers Grows Tourism

The transient workers in the Ohio Utica Shale field must stay somewhere. That somewhere is typically a hotel or motel. Belmont County, one of the hotbeds of Utica drilling, has many such transient workers. Their overnight stays at area hotels and motels create a big pile of lodging tax revenue, which is used to help…

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Williams CEO Talks Down Enbridge/Dominion Deal, Talks Up Gas Pipes

Williams CEO Alan Armstrong spoke at the Barclays CEO Energy-Power Conference in New York City yesterday. Certain members of the press were invited to attend (but sadly, not MDN). Armstrong had some interesting things to say at the Barclays soiree. Armstrong engaged in a little smack talk about the recently announced Enbridge deal to buy…

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Biden’s Democrat FERC Chairman Says Natural Gas is Here to Stay

Federal Energy Regulatory Commission Chairman Willie L. Phillips (Democrat) is one of many high-profile speakers appearing on the stage at the Gastech 2023 conference currently underway in Singapore. He delivered some blunt language to leftist kooks who believe we must end the use of fossil energy. Phillips said, “There will be no transition of our…

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Driftwood LNG Gets Closer to FID in Deal with BHI, Court Win

Driftwood LNG, a 27.6 million tonnes of LNG per year facility that will cost on the order of $16.8 billion to build, has not made an official final investment decision (FID) to proceed with the FERC-approved project. However, construction began on the project in March 2022 (see Tellurian Begins Construction of Driftwood LNG with No…

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DOE Offering $30M for Tech Projects to Solve Gas Flaring Issue

What’s the government’s answer to everything? Money! Have a problem, throw money at it, and declare it solved. Need more votes in the next election? Money helps with that, too. Here’s the latest “money solves all problems” proposal from the Dept. of Energy (DOE)… The DOE’s Office of Fossil Energy and Carbon Management (FECM) announced…

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Dominion Energy Loses Mind – Sells Remaining LDC NatGas Businesses

Yesterday, Dominion Energy and Enbridge co-announced that Dominion has agreed to sell what we think (not 100% sure) are the remaining natural gas local distribution companies (LDCs) that Dominion owns to Enbridge for $14.0 billion, which includes $9.4 billion in cash plus the assumption of debt. The deal includes three LDCs–The East Ohio Gas Company,…

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$2B WV Hydrogen Proj Taps Battelle to Develop Carbon Capture System

In August, MDN told you about a new $2 billion hydrogen project coming to West Virginia (see $2B Hydrogen Project Announces for WV – FidelisH2 in Mason Co.). Fidelis New Energy announced it had selected Mason County for a “net-zero” hydrogen production facility and low carbon microgrid, which it has dubbed The Mountaineer GigaSystem. The…

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